BitMine added 8,573 ETH to its holdings last week, bringing its total holdings to approximately 6.06 million ET

BitMine added 8,573 ETH last week, bringing its total holdings to 6,060,506 ETH as of November 1, 2026—roughly 4.9% of Ethereum's total supply. The company's total crypto, cash, and investment assets are valued at approximately $14.5 billion, including $498 million in cash and securities, 216 BTC, $180 million in Beast Industries equity, and an $82 million stake in Eightco Holdings (ORBS). Of its ETH holdings, 5,227,037 tokens (86% of the total) are staked, worth about $11.8 billion at $2,261 per ETH and generating roughly $358 million in annualized staking yield. The continued accumulation underscores BitMine's position as one of the largest corporate ETH treasuries, with staking income providing a recurring revenue stream on its holdings. Watch for whether the company maintains its weekly buying pace and any changes to its staking ratio.